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Senior Algorithm Engineer Jobs in Carmel, IN (NOW HIRING)

MISO

Senior Engineer Market Design

Carmel, IN · On-site

$129K - $139K/yr

  • Retirement

  • PTO

Propose and implement improvements to market models, algorithms, and policy provisions to enhance ... Senior Engineer : Bachelor's degree in Electrical Engineering, Computer Engineering, Electrical ...

Pwc

CTIO - AI Engineer- Senior Manager

Indianapolis, IN · On-site

$91K - $321K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

... algorithms and predictive modeling techniques - Collaborating with clients to validate outcomes and incorporate feedback into data solutions - Directing teams through complex projects, maintaining ...

New

Elevance Health

Information Security Advisor Senior

Indianapolis, IN · Hybrid

$101K - $138K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Designs & engineers comprehensive access management and network security technical solutions based ... Developing and maintaining data science models, detection analytics, and behavioral algorithms for ...

Elevance Health

Information Security Advisor Senior

Indianapolis, IN · On-site

$101K - $138K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Designs & engineers comprehensive access management and network security technical solutions based ... Developing and maintaining data science models, detection analytics, and behavioral algorithms for ...

Elevance Health

Information Security Advisor Senior

Indianapolis, IN · On-site

$101K - $138K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Designs & engineers comprehensive access management and network security technical solutions based ... Developing and maintaining data science models, detection analytics, and behavioral algorithms for ...

Aptiv

Sr. Radar Systems Engineer

Carmel, IN · On-site

  • Medical

  • Life

  • PTO

Present design concepts, radar performance and algorithms to team members, management and customers Core Competencies * Automotive Radar Systems * Systems Engineering * Signal Processing * Angle ...

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All JobsAlgorithm Engineer JobsSenior Algorithm Engineer JobsSenior Algorithm Engineer Jobs in Carmel, IN

Senior Algorithm Engineer information

See Carmel, IN salary details

$56.4K

$119.9K

$173.8K

How much do senior algorithm engineer jobs pay per year?

As of Aug 20, 2026, the average yearly pay for senior algorithm engineer in Carmel, IN is $119,878.00, according to ZipRecruiter salary data. Most workers in this role earn between $99,000.00 and $135,900.00 per year, depending on experience, location, and employer.

What does a senior algorithm engineer do?

A Senior Algorithm Engineer is responsible for designing, developing, and optimizing complex algorithms that solve technical problems or enhance product performance. They often work with large datasets, machine learning models, or mathematical techniques to create efficient solutions. In addition to coding, they may collaborate with cross-functional teams, review the work of junior engineers, and help set the technical direction for algorithm development projects. Their expertise ensures that products and systems run efficiently and accurately.

What are the key skills and qualifications needed to thrive as a senior algorithm engineer, and why are they important?

To thrive as a Senior Algorithm Engineer, you need advanced proficiency in mathematics, computer science, and algorithm design, usually supported by a relevant degree and extensive experience in the field. Expertise with programming languages such as Python or C++, proficiency with machine learning libraries, and familiarity with version control systems like Git are commonly required. Strong problem-solving skills, attention to detail, and the ability to communicate complex ideas clearly help set top candidates apart. These skills are crucial for developing robust, efficient solutions and collaborating effectively on challenging technical projects.

What are some common challenges faced by senior algorithm engineers when deploying algorithms into production environments?

Senior Algorithm Engineers often encounter challenges such as ensuring that algorithms are both scalable and efficient when integrated into real-time systems. Balancing model accuracy with computational resource constraints is a frequent task, as well as addressing data inconsistencies and managing version control for iterative algorithm updates. Collaboration with software engineers and data engineers is essential to ensure smooth deployment, monitor performance, and quickly resolve any production issues. Staying updated with the latest frameworks and best practices also helps in overcoming these challenges.

What is the difference between Senior Algorithm Engineer vs Data Scientist?

AspectSenior Algorithm EngineerData Scientist
Required CredentialsBachelor's or Master's in CS, EE, or related; strong math and programming skillsBachelor's or Master's in CS, Statistics, or related; strong analytical and programming skills
Work EnvironmentDevelops algorithms for software, hardware, or embedded systems in tech companiesAnalyzes data to extract insights, often in tech, finance, or healthcare sectors
Industry UsageCommon in AI, robotics, and software developmentPrevalent in analytics, machine learning, and business intelligence

While both roles require strong programming and analytical skills, Senior Algorithm Engineers focus on designing and optimizing algorithms for technical systems, whereas Data Scientists analyze data to inform business decisions. The roles often overlap in AI and machine learning projects but serve different primary functions within organizations.

Senior Algorithm Engineer jobs near you
Infographic showing various Senior Algorithm Engineer job openings in Carmel, IN as of August 2026, with employment types broken down into 89% Full Time, 7% Part Time, and 4% Contract. Highlights an 84% Physical, 6% Hybrid, and 10% Remote job distribution, with an average salary of $119,878 per year, or $57.6 per hour.

Senior Engineer Market Design

Midcontinent Independent System Operator Inc.

Carmel, IN • On-site

$129 - $139/hr

Other

Retirement, PTO

Posted 14 days ago

Job description

The role involves analyzing complex operational, economic, and accounting data to support evaluations of market structures, outcomes, operations events, and periodic reporting of market status and results. The position will assist the management team in recommending changes to MISO’s market design and systems, and will communicate analysis results and new proposals to internal groups and stakeholders to garner support and inform business decision‑making.

As the Senior Engineer Market Design/Economist, you will:

  • Perform engineering, statistical, and economic analyses on system and market operations, including participant activities, pricing trends, demand‑supply imbalances, market anomalies, and overall market design efficiency.
  • Develop and evaluate new or enhanced wholesale electricity market design initiatives, assessing their impact on market structure, competitiveness, and efficiency as the industry evolves.
  • Propose and implement improvements to market models, algorithms, and policy provisions to enhance performance and reliability.
  • Develop and track key market performance indicators to evaluate market conditions and identify areas for improvement.
  • Conduct economic modeling and analysis to assess market data quality and evaluate the effectiveness of proposed market rule or tariff changes.
  • Review and assess compliance of MISO market systems with tariff requirements, recommending system and tariff modifications to improve adherence and operational integrity.

We look for a candidate who thrives in complexity, loves problem‑solving, and sees opportunities before they’re obvious.

Qualifications
  • Senior Engineer: Bachelor’s degree in Electrical Engineering, Computer Engineering, Electrical Engineering Technology, Electrical and Computer Engineering, Electrical and Electronic Engineering, or Electronics and Computer Engineering Technology. Minimum 4 years of related experience.
  • Economist: Master’s degree in Economics. Minimum two years of experience.
  • Specific experience within any of the following: power system analysis and operation, associated software development, statistical and econometric analysis, market analysis and design, optimization algorithms, econometrics.
  • Preferred: Possess NERC certification.
  • Preferred: Previous deregulated wholesale electricity market or utility experience.
  • Preferred: Previous energy industry experience with a regional transmission organization (RTO) market participant.
Benefits

The base salary compensation range for this role is $129,000–$139,000 USD annually. The position is also eligible for an annual bonus if individual performance and company objectives are met. MISO offers a comprehensive benefits package, including 401k, vacation, sick and safe time, available on your first day of employment.

Equal Opportunity Employer. This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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